August 21, 2025
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7:37Now PlayingOpendoor has recently been at the center of the latest retail trading frenzy as investors seek out cheap and highly shorted stocks, also known as meme stocks. But EMJ Capital Founder and President Eric Jackson never expected to see Opendoor categorized as a meme stock, believing in the value of the company's customer base and continued demand. Jackson tells Bloomberg Businessweek Daily that Opendoor is a 'cult' stock, and says it "could be a $500 stock."
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